Posts tagged as support

Estonian government agrees to support Nordica with €30 million

Thursday, October 15, 2020

The government agreed on Thursday to support Nordica’s share capital by €22 million and provide a loan of €8 million to the struggling airline. Minister of Economic Affairs Taavi Aas said the government plans to approve the allocation of funds within a week. The government received permission from the European Commission to support Nordica to the amount of €30 million in August. The purpose of the state aid is to help…

Support for Estonian firms abroad needs centralizing

Thursday, October 8, 2020

State support for Estonian firms operating in foreign markets should be both consistent and reliable, the foreign ministry says, and operate as a unified team. The ministry was responding to a report published by the National Audit Office (Riigikontroll) on commercial diplomacy Wednesday, which the ministry says was a substantial analysis of the cooperation between state agencies in advancing the overseas interests of Estonian companies. As such this has important…

French president meets with Tikhanovskaya in Vilnius, promises support

Tuesday, September 29, 2020

French President Emmanuel Macron, currently on an official visit to Lithuania, met with Belarusian opposition leader Svetlana Tikhanovskaya in Vilnius on Tuesday. The former candidate in the Belarusian presidential elections arrived at the meeting with the French leader at approximately 08:30. Prior to the meeting, Tikhanovskaya’s spokeswoman said they will focus on discussing the possibility to hold new elections in Belarus. “It is very important that the European countries do…

Latvian railway company will need state support until 2025

Monday, September 21, 2020

Latvijas Dzelzcels (LDz) railway company will need financial support from the state until 2025, said LDz board chairman Maris Kleinbergs. The government this year decided to invest EUR 32.422 million in LDz share capital and it was necessary for the company to complete the started investment projects, he said. “After analysis of the third quarter results, we will be able to tell whether and how much funding is needed this…

Lithuania asks US support on Astravyets NPP issue

Friday, September 18, 2020

The US Department of Energy is well-informed about Belarus’ Astravyets nuclear power plant (NPP) project, and Lithuania is asking for American support in ensuring the facility is run safely, Foreign Minister Linas Linkevičius said. Linkevičius met with US Deputy Secretary of Energy Mark W. Menezes during his visit to Washington on Thursday, the Foreign Ministry said. “The Department of Energy is well-informed about the situation in Astravyets,” the minister said…

Lithuania feels the “pain” of Belarusians

Thursday, September 10, 2020

On Thursday, Lithuanian President Gitanas Nausėda spoke on BBC HARDtalk where he said Lithuania “feels the pain of those people in the streets” of Belarus. “We are very close to the Belarusian nation, not only in geographic [terms], but also in the emotional sense,” he said. “We see how they are suffering. We hear the stories about violations, about tortures.” When Lithuania declared independence 30 years ago, “a small country…

Russian FM: Lithuania ‘overstepped all decency’ in support for Belarusians

Tuesday, September 1, 2020

Russian Foreign Minister Sergey Lavrov slammed Lithuania’s alleged “undemocratic methods” to support the Belarusian opposition. “We see attempts to unbalance the situation,” said Lavrov, according to Russia’s Interfax news agency. “As a matter of fact, no one is concealing this.” “Our Lithuanian neighbours have already overstepped all bounds of decency in the demands that they are putting forth,” said Lavrov at the Moscow State Institute of International Relations. “And we…

Facebook group shows support for Belarusian protesters

Monday, August 17, 2020

A Facebook group that includes Lithuanian artists showcases work that supports anti-regime protesters in Belarus. “Artists from all over the globe show solidarity with people of Belarus peacefully fighting for freedom from brutal dictatorship,” according to the description of the Artists for Belarus page. “Tag @artistsforbelarus or #artistswithbelarus to get featured.” In one of the posts, an illustration by the Lithuanian artist Eglė Plytnikaitė calls on the Belarusian dictator Alexader…

Commission approves €51 million Latvian scheme to support companies with exporting activities affected by Coronavirus outbreak

Thursday, August 6, 2020

he European Commission has approved a Latvian scheme, with an estimated budget of €51 million, to support companies engaged in the export of goods and services in the context of the coronavirus outbreak. The scheme was approved under the state aid Temporary Framework. The public support, which will take the form of direct grants, will cover up to 25% of the mandatory social security contributions paid by the beneficiaries. The…

EC approves Latvia’s aid program for exporting companies

Tuesday, August 4, 2020

The European Commission has approved a Latvian aid program with a budget of around €51 million to support exporting companies in the COVID-19 crisis, the EC informed the media in a statement on August 3. The program was approved under the temporary framework for State aid measures. This public support, which will be granted in the form of direct grants, will cover up to 25% of the compulsory social security…